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🇨🇴 Taxes in Colombia · Rates and residency

Taxes in Colombia

A progressive personal income tax, corporate tax of 33% and clear rules for residents and non-residents.

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0-39%personal income tax
33%corporate tax
19%VAT

In Colombia, tax residency determines which income you are taxed on: residents declare their worldwide income, while non-residents declare only the income earned in Colombia.

Residents and non-residents

Tax residents are taxed on their worldwide income and have to report the share they hold in Colombia and abroad. Non-residents are taxed only on income earned in Colombia and declare only that share.

Social contributions

Employees also pay a 4% pension contribution and a 4% healthcare contribution.

On a free consultation we go through your situation and calculate how much tax you will pay in Colombia.

Key tax rates in Colombia

Progressive personal income tax

The rate on individual income runs from 0 to 39%.

Corporate income tax

Companies pay corporate income tax at a rate of 33%.

VAT of 19%

The standard value added tax rate in Colombia is 19%.

Capital gains and property

Capital gains tax is 15%, and property tax runs from 0.4 to 1.2%.

FAQ

Who counts as a tax resident of Colombia?
Residency determines whether you declare your worldwide income or only the income earned in Colombia.
How much is personal income tax in Colombia?
From 0 to 39% on a progressive scale.
How much corporate tax does a company pay in Colombia?
The corporate income tax rate is 33%.
What social contributions do employees pay?
A pension contribution of 4% and a healthcare contribution of 4%.

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